DCX Selling?
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R.I.P. Dusty (Retired Moderator
Joined: Dec 2003
Posts: 24,471
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From: Alamosa, Colorado (200 yards from the Rio Grande)
DCX Selling?
The Wall Street Journal had an item today about DCX making "moves" that make it look like they are getting ready to sell their stock in Hyundai...
Veteran
Joined: Apr 2004
Posts: 397
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From: Elk Ridge, UT
RE: DCX Selling?
Backing out of Mitsu and Hyundai? Something is afoot. Wonder what they're up to exactly. I'd be relieved if all it was is positioning their market strategy for a Plymouth comeback, but it sounds like something a little more insidious might be going on.
Thread Starter
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R.I.P. Dusty (Retired Moderator
Joined: Dec 2003
Posts: 24,471
Likes: 0
From: Alamosa, Colorado (200 yards from the Rio Grande)
RE: DCX Selling?
They "converted" shares to something or another and the WSJ said it was a good sign of a pending sale......no news on what it might lead to.....
Legend
Joined: Jul 2003
Posts: 9,543
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From: United States
RE: DCX Selling?
Maybe we'll get lucky and Dumler will sell Chrysler Corp. to Lee Iaccoca so he can at least make it an American company again.[sm=smiley20.gif][sm=smiley4.gif][sm=smiley32.gif] Oh well, I can dream can't I.[sm=smiley26.gif][sm=smiley19.gif]